Hindsight Markets Recaps Small-cap stocks on October 22, 2026
SAIQ, October 22: a push to $8.85, one halt, and $5.57
SAIQ opened up 17%, ran to $8.85 through one halt, then fell below its open by the close.
What happened
A gap and a pre-market ceiling
SAIQ was already above its $5.56 previous close when it first traded at $5.92. It reached $6.95 at 6:31 a.m. A 50K-share ask at $7.43 appeared at 6:39 and was pulled at 9:07:53, before the open. It opened at $6.48 and traded above the pre-market high at 9:41.
The run to $8.85
Stop It's 10:09. SAIQ is at $8.00. It was $6.48 at the open and traded as high as $8.25 at 10:01. Would you buy here?
Press play: the real Level 2, tape and chart run from 10:06 a.m. and stop at 10:09 a.m. ET for your call.
It ran to $8.85, the high of the day, in the 10:10 minute, up about 59% from the previous close. A 50K-share ask at $9.78 appeared at 10:10:15 and was gone by 10:11.
The halt and the lower high
It fell back to $7.51 and was halted at 10:14:59. It reopened at 10:19:59 and traded as low as $7.15 by 10:24.
It pushed back to $8.13 at 10:41, under the $8.85 top. By 11:35 it had dipped to $6.87.
The fade
It slid in the afternoon to $5.12 at 3:57. The regular session ended at $5.28, 40% under the high.
What to take from it: SAIQ's second push topped out at $8.13, below the $8.85 high, and the afternoon took the price back to $5.28 by the 4:00 close.
Replay SAIQ's day
It starts at 9:36 a.m. ET with the real Level 2, time and sales and chart, from the same feed the replay plays, stops at 9:39 a.m. and asks what you would do. Or press Play on any moment in How it traded.
The details
How it traded, step by step
Gap, run and fade. It gapped up 16.5% to $6.48 at the open, ran from the open to the high of $8.85 in 40 minutes, then gave back 151% of that move by 4:00 p.m., trading at $5.28, below the open.
| Time (ET) | What happened | Watch it |
|---|---|---|
| 6:28 a.m. | First trade 20% above the previous close of $5.56 | |
| 6:31 a.m. | Pre-market high, $6.95 | |
| 9:30 a.m. | The open: $6.48, up 16.5% from the previous close | |
| 10:02 a.m. | Volume since 4:00 a.m. passes the whole float, 3.41 million shares | |
| 10:10 a.m. | High of the day to the close, $8.85 | |
| 3:59 p.m. | Last trade before the 4:00 p.m. close, $5.28, 40.3% below the high |
The shape's name comes from a fixed rule, not a judgement (how shapes are named). Halts are in the halt table below.
The day in numbers
- Previous close
- $5.56
- Open, 9:30 a.m.
- $6.48
- Gap at the open
- +16.5%
- Pre-market high
- $6.95 at 6:31 a.m.
- High, 4 a.m. to 4 p.m.
- $8.85 at 10:10 a.m.
- Low, 4 a.m. to 4 p.m.
- $5.12
- Close, 4 p.m.
- $5.28
- Change at 4 p.m.
- −5.0%
- After-hours high, 4 p.m. to 8 p.m.
- $6.59 at 5:43 p.m.
- Volume, 4 a.m. to 4 p.m.
- 8.31 million
- Volume after hours, 4 p.m. to 8 p.m.
- 705,419
- Relative volume by 8 p.m.
- 2.4×
- Float
- 3.41 million shares, from filings as of October 22, 2026
- Shares outstanding
- 42.81 million
- Volume, from the one-minute bars: 907,509 shares before the 9:30 a.m. open (10%), 2.21 million in the first 30 minutes (25%), and 5.90 million in the rest of the day to 8 p.m. (65%).
- Float rotation, the volume since 4 a.m. against the float of 3.41 million shares: past it once at 10:02 a.m., twice at 11:46 a.m.
- Other days SAIQ met the small-cap rule in our recaps: 6, the latest on October 23, 2026.
On the day's lists: the intraday runners. It is here because it was in play on the intraday runners: up 30% or more on $3 million or more really traded, outside the small-cap rule's price, relative volume or float, its high reached $1 or more and it started the day at $20 or under (the rule every page uses).
Halts (1)
| Halted | Resumed | Length | The 5 minutes into it | Reopened at, against the last trade | The 5 minutes after | Reason in the feed | Watch it |
|---|---|---|---|---|---|---|---|
| 10:14 a.m. | 10:19 a.m. | 5 min 0 s | down 12.7% | $7.55, up 0.5% | down 4.1% | LULD pause (limit up-limit down) |
Halt bands that day: the LULD plan's Amendment 18 rules (what that means, LULD calculator).
How we read the data, name a day's shape and pick the stocks: methodology.
Trade this day
Replay SAIQ on October 22, 2026 in Hindsight Markets: the real tape, the order book and the halts, on a clock you control, and see where your orders would have filled.